Getting Back to Basics: Step-by-Step Guide on Starting a Company in Dubai Mainland

Getting Back to Basics: Step-by-Step Guide on Starting a Company in Dubai Mainland

A Dubai Mainland company is established in central commercial areas under the Dubai Department of Economic Development (DED). This allows diverse commercial activities in the city's core business Districts, distinct from free zones. Benefits include strategic location for local and global markets, operating citywide for local market access, currency freedom, versatile business scope, more visas, local and international trade, government contract eligibility, enhanced business freedom, credibility boost, and access to a thriving economy. Note that setup adheres to local regulations and may require local sponsors or agents depends on the buisiness activity. Expert advisors are recommended for well-informed decisions.

What are the basic steps in setting up a company in Dubai Mainland?

Step 1: Determine the business activity and legal structure
Identify the type of business activity you plan to engage in and choose an appropriate legal structure. Options include sole proprietorship, partnership, limited liability company (LLC), etc.

Step 2: Choose a Trade Name
Choose a distinctive and appropriate trade name for your business. Ensure it complies with Dubai's naming guidelines and is available for registration.

Step 3: Apply for Initial Approval
Submit the required documents, including passport copies and business plan, to obtain initial approval from the Department of Economic Development (DED).

Step 4: Prepare MOA /Local Service Agent Agreement
For a company with multiple shareholders, draft a Memorandum of Association (MOA). If required, also arrange a Local Service Agent agreement with a UAE national.

Step 6: Obtain Approvals and Permits
Depending on your business activity, you might need additional approvals from various authorities, such as Dubai Municipality, Dubai Health Authority, etc.

Step 7: Register Tenancy Contract and Get Ejari
Register your company's tenancy contract with Ejari, a system for legalizing rental agreements in Dubai. This step is essential for DED approvals.

Step 8: Submit Documents and Pay Fees
Prepare all required documents, including the MOA, lease agreement, and other relevant forms. Pay the necessary fees to the DED.

Step 9: Obtain License
Once all documents are approved and fees are paid, you will receive your business license from the DED. This license permits you to legally operate in Dubai.

Step 10: Register for VAT and Other Requirements
If applicable to your business, register for Value Added Tax (VAT) with the Federal Tax Authority. Fulfill other legal requirements, such as employee visas and labor contracts.

Step 11: Open a Corporate Bank Account
Choose a local bank and open a corporate bank account for your business operations.

Step 12: Commence Operations
After obtaining all necessary approvals and completing legal formalities, you're ready to officially start your business operations in Dubai Mainland.

Danburite Corporate Services offers comprehensive support throughout the process of establishing your business in Dubai Mainland. Our expert team will guide you seamlessly through each step, starting with helping you identify the ideal business activity and legal structure that aligns with your goals. We'll then assist you in selecting a suitable trade name that adheres to Dubai's naming regulations and is available for registration. Our services extend to preparing and submitting the necessary documents, including passport copies, for obtaining initial approval from the Department of Economic Development (DED).

We'll aid you in finding and leasing an appropriate office space, and if needed, facilitate the drafting of the Memorandum of Association (MOA) and Local Service Agent agreement. Additionally, we'll ensure compliance with various regulatory requirements by assisting in obtaining approvals and permits from relevant authorities such as Dubai Municipality and Dubai Health Authority. 

We'll help you navigate the submission of essential documents and payment of fees to the DED. Our support continues with obtaining the business license and, if applicable, registering for VAT with the Federal Tax Authority.

We'll help you fulfill other legal obligations such as acquiring employee visas and labor contracts. Our services even extend to opening a corporate bank account and, ultimately, commencing your business operations once all necessary approvals are secured and formalities are completed. 
It's crucial to note that regulations can change, and we emphasize the importance of consulting our experienced team to ensure accurate and up-to-date guidance throughout the entire process.

 Your success is our priority, and Danburite Corporate Services is here to empower your business journey in Dubai Mainland.